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  1. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    In the European Commission’s autumn economic forecasts just released, Brussels confirmed a solid year of growth for Greece in 2022 and a significant downward revision of next year’s estimate. Greece is expected to grow by 6 pct in 2022 in real terms, up...

    5%

  2. Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current deficit in March widened to 2.4 billion euros, from a deficit of 1.32 billion euros in February, Bank of Greece (BoG) data showed on Monday. In March 2022, the balance showed a deficit of 2.53 billion euros, while in March 2021 the curr...

    5%

  3. Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other income, after deducting significant trading income items ...

    5%

  4. Athens looks for improving mood rather than tangible outcome from Erdogan visit
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    Athens sees the High-Level Cooperation Council between Greece and Turkey, due to take place this Thursday, as yet another opportunity for both sides to retain the positive mood in bilateral relations, which has existed for roughly the last 10 months. Ho...

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  5. Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...

    5%

  6. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    to their nearest government office. Undoubtedly, the main benefits of conducting these censuses has been to stamp

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  7. Greece and lenders talk at cross purposes, head for crisis summit
    Photo by EU Council Eurozone https://flic.kr/p/dUgXKJ

    PoliticsGreek Politics

    be needed due to the lack of time for the process needed to rubber stamp any agreement before

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  8. Lenders set out 49 milestones for Greece to meet before next bailout tranche

    EconomyProgramme

    The Eurogroup Working Group (EWG) decided on Friday a long list of 49 milestones that Greece will have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion euros. The Eurogroup is due to meet in Luxembourg on Monday and is expected to rubber stamp the proposed

    5%

  9. Tsipras sees political mileage in bill for broadcasting licences

    PoliticsGreek Politics

    that an effort is being made to stamp out corruption. SYRIZA and Independent Greeks also appear to think

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  10. Youth wing scrap prefaces test for Mitsotakis at ND congress

    PoliticsGreek Politics

    structure. Nevertheless, Mitsotakis has shown a determination so far to stamp his authority

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